(Reuters) - European finance ministers looked unlikely to reach a target of boosting IMF resources
by 200 billion euros to ward off the debt crisis on Monday, after
Britain said it would not take part in a plan aimed specifically at
helping the euro zone.

In a three-hour conference call, ministers also assessed plans for tighter euro zone fiscal rules - a new 'fiscal compact' - that policymakers hope will
insulate the 17-country currency zone against a repeat of the two-year
debt crisis.

Treasury sources said
Britain had made it clear on the call it would not participate in the
plan to increase IMF resources by up to 200 billion euros, with 150
billion of coming from euro zone central banks.

"We
were clear that we would not be making a contribution," one treasury
source said, while another added that there was "no agreement on the 200
billion" euro funding boost.